Endeavour Silver Corp. (TSE:EDR) Receives Average Recommendation of “Strong Buy” from Analysts

Endeavour Silver Corp. (TSE:EDR) (NYSE:EXK) has earned an average rating of “Strong Buy” from the six ratings firms that are covering the company, Marketbeat reports. One analyst has rated the stock with a buy rating and five have assigned a strong buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is C$15.94.

A number of brokerages have recently issued reports on EDR. National Bankshares dropped their price target on shares of Endeavour Silver from C$21.00 to C$20.00 and set an “outperform” rating on the stock in a research report on Friday, January 9th. Canadian Imperial Bank of Commerce lifted their target price on shares of Endeavour Silver from C$18.00 to C$20.00 in a research note on Tuesday, January 13th. BMO Capital Markets boosted their target price on shares of Endeavour Silver from C$13.00 to C$15.00 in a report on Friday, October 17th. TD Securities increased their price target on Endeavour Silver from C$14.00 to C$21.00 in a report on Thursday, January 22nd. Finally, Natl Bk Canada raised Endeavour Silver to a “strong-buy” rating in a research report on Monday, December 8th.

Endeavour Silver Stock Up 8.5%

Shares of EDR opened at C$15.52 on Monday. The stock’s 50-day moving average price is C$14.49 and its two-hundred day moving average price is C$11.40. Endeavour Silver has a 12 month low of C$4.21 and a 12 month high of C$20.70. The company has a market capitalization of C$4.57 billion, a PE ratio of -47.03, a PEG ratio of 0.76 and a beta of 2.78. The company has a current ratio of 1.39, a quick ratio of 2.38 and a debt-to-equity ratio of 20.65.

Endeavour Silver (TSE:EDR) (NYSE:EXK) last issued its quarterly earnings results on Friday, November 7th. The company reported C($0.01) earnings per share for the quarter. The company had revenue of C$198.88 million during the quarter. Endeavour Silver had a negative net margin of 13.04% and a negative return on equity of 7.12%. On average, analysts anticipate that Endeavour Silver will post 0.6341991 EPS for the current year.

About Endeavour Silver

Endeavour Silver Corp is a Canadian mineral company engaged in the evaluation, acquisition, exploration, development and exploitation of precious metal properties in Mexico and Chile. The company has three producing silver-gold mines in Mexico: the Guanacevi Mine in Durango, the Bolanitos Mine in Guanajuato and the El Compas Mine in Zacatecas. It also has three exploration projects in northern Chile: Aida project, Paloma project and the Cerro Marquez project.